Archive List for Wells Fargo

Credit card rewards can be a ‘double-edged sword,’ here’s why ⚔️ 💳 #shorts

Credit card rewards can be a ‘double-edged sword’, here’s why ⚔️ 💳 #shorts #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #stockoptions #stockoptionstrading #credit #creditcard #creditcards #creditscore #creditcards #2024 #2024shorts #podcast #podcastclips #podcasts #podcastshow #bestmoments

@jpmorgan may become ‘the @NVIDIA of banking’: Expert

Wells Fargo Managing Director and Head of U.S. Large-Cap Bank Research Mike Mayo explains his belief that JPMorgan could end up as the ‘Nvidia of banking’ as a result of their size, structure, and willingness to adopt AI initiatives. Mayo joined Yahoo Finance Live on March 13, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #jpmorgan #jpmorganchase #banking #2024 #investing #investingstrategies #investingtips #nvidia #highlights #nvidiahighlights #us #useconomy #bankingnews

Stock market news: Stocks little changed as rate cut doubts set in December 15 | Yahoo Finance

Stocks moved into positive territory Friday, with the Dow pulling just over the flat line as the prospect of deeper and earlier interest-rate cuts continued to buoy Wall Street’s spirits. The Dow Jones Industrial Average (^DJI) ticked up 0.1%, or about 30 points, after the blue-chip index closed at a fresh all-time high Thursday. The S&P 500 (^GSPC) was virtually unchanged, while the tech-heavy Nasdaq Composite (^IXIC) gained 0.5%. Markets rejoiced after the Federal Reserve’s surprise shift in tone to dovish this week, as it signaled more rate cuts in 2024 and acknowledged its anti-inflation campaign is gaining traction. That has helped drive a record-setting rally in US stocks, and […]

Stock market news: Stocks slide, oil hits 5-month lows December 6 | Yahoo Finance

US stocks slipped on Wednesday amid fresh signs of economic malaise, as oil prices hit lows not seen since June and investors looked to data that signaled more cooling in the labor market. The S&P 500 (^GSPC) fell about 0.4% while the Dow Jones Industrial Average (^DJI) dropped more nearly 0.2% or about 70 points. The Nasdaq Composite (^IXIC) shed roughly 0.6%. Wednesday brought fresh signs of softening in the labor market, as the ADP gauge on private payrolls missed expectations, finding that 103,000 jobs were added in November. That came after Tuesday’s soft reading on jobs openings bolstered optimism for a Fed pivot to cutting interest rates. Markets are […]

Nvidia stock on fire, earnings season ramps up: YF roundtable

#Nvidia #youtube #stockmarket Yahoo Finance’s Brad Smith, Julie Hyman, Brian Sozzi, and Myles Udland pose one of the biggest questions this earnings season — are earnings expectations set too high? The reporter panel reviews what they have heard so far from executives reporting strong earnings beats and whether these narratives match up with market performances. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. […]

Big Bank earnings: Key takeaways for JPMorgan, Wells Fargo, and Citi

#JPMorgan #WellsFargo #Citi JPMorgan Chase’s (JPM) second quarter results topped Wall Street estimates, thanks in part to its acquisition of First Republic Bank. Bigger picture, JPMorgan CEO Jamie Dimon called the U.S. economy “resilient” adding that “consumers are spending, albeit a little more slowly.” Wells Fargo’s (WFC) second quarter results also beat analyst estimates, fueled by higher interest rates. Rival Citigroup (C), however, saw its profit fall, in part, due to weakness in its investment banking business. Yahoo Finance Executive Editor Brian Sozzi breaks down the reports. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market […]

Bank stocks: We may ‘cross the valley’ into economic recovery in latter half of 2023, analyst says

#Stocks #bankstocks #yahoofinance #jpmorgan CFRA Research Director of Equity Research Ken Leon joins Yahoo Finance Live anchor Seana Smith to break down what today’s Big Bank earnings reports may indicate for the economic outlook of 2023, including J.P. Morgan, Bank of America, Wells Fargo, and Citigroup. Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need […]

Wells Fargo ordered to pay customers $3.7B in consumer loan violations

#shorts The Consumer Financial Protection Bureau has ordered Wells Fargo to repay $2 billion to consumers and enacted a $1.7 billion penalty against the bank. Yahoo Finance senior producer Kelsey Barberio reports on the bank’s $3.7 billion payout to customers on December 20, 2022. Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest […]